Gold (XAU) Silver (XAG) Daily Forecast: Prelim GDP q/q and Jobless Claims Set Market Tone – FX Empire
Investors are currently keenly waiting for Friday's US Personal Consumption Expense (PCE) Price Index Report. This provides clues on inflation and affects the Federal Reserve's attitude towards interest rates. If the data shows cooling inflation, it could promote expectations for interest rate reductions and raise gold prices. Until then, gold could be traded within tough […]
Gold price trades with modest losses; holds above $2,900 amid rising trade tensions – FXStreet
As gold prices drop due to rising US bonds, USD can move away from months' lows. Trump's tariff plans and uncertainty about the fear of the trade war should serve as a tailwind for the Xau/USD pair. If the Fed cuts interest rates further this year, it could contribute to limiting the losses of yellow […]
Trump’s ‘gold card’ visa plan a boon for American economy, expert says
President Donald Trump's plan to provide “gold card” visas to wealthy immigrants is similar to the policies used in more than three dozen countries, but the US proposal comes with the highest price tag, experts told Fox News Digital. “What you're doing is that you bring in wealthy individuals, obviously job creators, consumers,” Anthony Esposito, […]
Traders are pouring into gold ETFs at record pace as trade and inflation worries grow – CNBC
I'm rushing for money on Wall Street. Investors gather at precious metals at a pace they have never seen before. Gold Exchange-Traded Funds last week saw a record high inflow (approximately $4.5 billion, led by SPDR Gold Shares ETF (GLD)), which caused about half of the inflow during stock market sales on Friday, leading to […]
Gold market analysis for February 26 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Inflation Fears Drive Safe-Haven Demand? – FX Empire
In addition to market uncertainty, U.S. consumer confidence fell sharply from 105.3 to 105.3 in February, marking the sharpest decline since August 2021, according to the conference committee. This decline reflects a growing caution among American consumers, which could weaken economic growth and increase the demand for safe inventory assets like gold. Traders are also […]
The technical lines in the sand have shifted in gold – ForexLive
Gold has been in hot form since the beginning of this year, and has been profiting for eight consecutive weeks. This is the first week that winning streak is currently under threat, with gold falling 0.7% per week. It owes yesterday's drop and it's important to be aware of changes in the technical line while […]
Trump Promises $5 Million ‘Gold Cards’ for Foreigners to Buy Citizenship
President Donald Trump says he wants to replace the EB-5 visa program, which sells green cards to wealthy investors, with a higher-cost “gold card” program. “Wealthy people will come to our country by purchasing this card,” he told reporters Tuesday. “They'll be successful, they'll spend a lot of money, pay a lot of taxes, hire […]
Gold posts modest gain amid trade war concerns – FXStreet
Gold prices will rise at Asian session on Wednesday. Trade war concerns among investors benefit gold prices and increase the flow of safe havens. Investors will tighten up new home sales and FedSpeak equipment for the US January later Wednesday. Gold Price (XAU/USD) recovers lost ground after reaching a week's low in the previous session. […]
Trump says US will sell $5M ‘gold cards’ to foreigners: ‘Green card privileges-plus’
WASHINGTON – President Trump announced Tuesday that the US government will soon begin selling a $5 million “gold card” that will tell foreigners about their green card residency status and the path to American citizenship. Repay national debt. “It's like a green card, but it's a higher level of refinement. It's the path to citizenship […]